The Department of Labor and the Securities and Exchange Commission published
an investor bulletin on target-date funds Thursday. The guidance was written to give workers an introduction to target-date fund investing, and touches on topics like retirement fund basics, risk strategies and allocation.
If the DOL decides to move forward on promised target-date regulations, the guidance could be a hint as to what the new rules will address. The guidance warned investors about confusing branding, saying;
"...target date funds, even if they share the same target date, for example 2030, may have very different investment strategies and risks. They do not guarantee that you will have sufficient retirement income at the target date, and you can lose money."
The DOL has set August as the deadline for issuing the new regulations.
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